EMIH
Returning Member

Get your taxes done using TurboTax

I have gone to the accountant that completed this several times and there is no income - $37 in interest which is under A in Box 20. Never in the past have they used the code Z - we lose money every year just from paying taxes, insurance and the accountant to complete the K-1. The last time I emailed them I was told to not mark the 20Z box since there is no QBI income to offset the K-1 and that it seems that tt can't deal with the entry if there is nothing in the income box.  Since I have nothing else, will this trigger an audit since the K-1 has a Z?  They dont plan on doing an amendment...